May 2018 – Representatives of leading Czech banks and fintech start-ups met together with Czech and UK legal experts to discuss the development of technology in the banking sector at a seminar organised by Kinstellar in Prague.
Guest lawyers from London began the discussion with an overview of current developments in the UK, highlighting the changes brought by the EU’s Revised Payment Service Directive (PDS2) and the newly created markets for representation and warranty insurance.
Global insight on these topics was followed by a rundown of three technologies already present on the Czech market. Jakub Komenda, Head of Mobile Banking & Experience at MONETA Money Bank, introduced his bank’s agile model for new mobile banking services and its implementation. He was followed by Ondřej Knot, one of the founders of the Czech fintech firm Dateio, who described what financial institutions can obtain from client data. Local insight concluded with a presentation by Zdeněk Kučera, head of TMT and Litigation at Kinstellar Prague, on the legal implications of using computerised “chatbots” to provide information to clients.
"This seminar was a unique opportunity to discuss technology developments in the financial sector in the UK and to compare these with the specific solutions existing on the Czech market. We expect data and artificial intelligence to be the main drivers of the future in banking," noted Zdeněk Kučera. "We are excited to be advising clients who are building the future of the industry.”
For more information please contact Zdeněk Kučera, Managing Associate, head of TMT and litigation, Prague, at .
Counsels from London discussed the current development on the UK market, highlighting the changes brought by PDS2 and the newly created markets for representation and warranty insurance.
Global insight on this topic was followed by a rundown of three technologies already present on the Czech market. Jakub Komenda, Head of Mobile Banking & Experience at MONETA Money Bank introduced the bank’s agile approach model and the implementation of its new mobile banking services. He was followed by Ondřej Knot, one of the founders of the Czech fintech firm, Dateio, who described what more financial institutions can get from client data. The local insight concluded with a presentation by Zdeněk Kučera, head of TMT and litigation of Kinstellar Prague on the legal aspects of chatbots.
"It's a unique opportunity to discuss technology development in the financial sector on the UK market and, at the same time, to compare it with the specific solutions existing on the Czech market. We expect that data and artificial intelligence are the main drivers of the future in banking," noted Kinstellar's Kučera. "We are happy to be advising clients who are building the very future of the industry, and that helps us in our understanding of these new topics".
For more information please contact Zdeněk Kučera, Managing Associate, head of TMT and litigation, Prague, at
[vmh1]Representation insurance? OR for representing clients and warrenty...